Director/PDMR Shareholding

RNS Number : 7769T

Marks & Spencer Group PLC

11 June 2009

Marks and Spencer Group Plc Notification of Transactions Of Directors/Persons Discharging Managerial Responsibility and Connected Persons

1. Performance Share Plan
It was confirmed on 10 June 2009 that on 9 June 2009 the following awards under the Marks and Spencer Group Performance Share Plan were made to PDMRs of the Company:

Directors	Allocation of Performance Shares (see Note below)
Sir Stuart Rose	1,184,900
Kate Bostock	349,528
Ian Dyson	471,862
Steven Sharp	592,450

Note: Under the Performance Share Plan, awards are granted as a conditional allocation, where a participant will receive free ordinary shares in the Company on the vesting of an award subject to continuing employment. The vesting of an award will depend on the Company's adjusted earnings per share ('EPS') performance over a fixed three-year performance period starting on the first day of the financial year in which the awards were granted. For the purposes of this calculation the grant was made at a share price of 286.1p

2. Deferred Share Bonus Plan

It was confirmed on 10 June 2009 that on 5 June 2009 the following shares vested under the Marks and Spencer Group Deferred Share Bonus Plan for the following PDMRs of the Company:

Directors	Vesting of Deferred Share Bonus Plan Shares (see note below)	Release of Dividend Re-Investment Plan shares (see note below)
Sir Stuart Rose 2	35,125	5,274
Kate Bostock 3	25,404	-
Ian Dyson 3	48,579	-
Steven Sharp1 2	64,772	9,726

Note:The above awards were made under the Company's Annual Bonus Scheme in June 2006. The Scheme required executive directors to defer 60% of their bonus earned into shares in the Deferred Share Bonus Plan, to be released after three years.

1 Steven Sharp elected to settle his PAYE Tax and National Insurance liabilities on the release of these shares by selling 26,623 shares. The net number of shares that were released to him after this sale was 38,149.

2 Sir Stuart Rose and Steven Sharp elected to have their Deferred Share Bonus Plan 2006 award in the form of forfeitable shares which entitled them to dividends through a Dividend Re-Investment Plan (DRiP). The DRiP shares earned over the three year deferral period were also released on 5 June 2009.

3 Kate Bostock and Ian Dyson elected to have their Deferred Share Bonus Plan 2006 award as conditional shares which entitled them to dividend equivalents on these shares earned over the three year deferral period. These will be paid in cash.

3. Shareholdings of PDMRs

Directors	Total Holding of Ordinary Shares	Total Percentage Holding
Sir Stuart Rose	1,264,683	De minimis
Kate Bostock	165,443	De minimis
Ian Dyson	286,485	De minimis
Steven Sharp	286,085	De minimis